IMBALIE BEAUTY LIMITED - Results of Annual General Meeting

Results of Annual General Meeting

Imbalie Beauty Limited
(Incorporated in the Republic of South Africa)
(Registration number 2003/025374/06)
JSE code: ILE
ISIN: ZAE000165239
("Imbalie Beauty” or “the Company")

RESULTS OF ANNUAL GENERAL MEETING

Shareholders are advised that the voting results for the annual general meeting (“AGM”) of Imbalie
Beauty held today were as follows:

Resolution                   Number of shares      Percentage of        For      Against       Abstained
                                        voted          shares in         **           **               *
                                                          issue*         %            %               %
                                                              %
Ordinary resolution 1.1:         1 111 781 952             80.33     100.00         0.00               2.67
Re-election of
GD Harlow
Ordinary resolution 1.2:         1 111 781 952            80.33      100.00         0.00               2.67
Re-election of BJT
Shongwe

Ordinary resolution 2.1:         1 111 781 952            80.33      100.00         0.00               2.67
Election of Audit and
Risk Committee member
– TJ Schoeman
Ordinary resolution 2.2:         1 142 250 273            82.53      100.00         0.00               0.01
Election of Audit and
Risk Committee member
– GD Harlow
Ordinary resolution 2.3:         1 142 250 273            82.53      100.00         0.00               0.01
Election of Audit and
Risk Committee member
– WP van der Merwe
Ordinary resolution 3:           1 142 250 273            82.53      100.00         0.00               0.01
Re-appointment of Nexia
SAB&T as external
independent auditors
Ordinary resolution 4:           1 111 781 952            80.33       97.33         2.67               0.01
General authority to
directors to allot and
issue ordinary shares
Ordinary resolution 5:           1 111 071 452            80.28       97.33         2.67               0.07
Non-binding advisory
vote endorsing the
Imbalie Beauty
Remuneration
philosophy
Ordinary resolution 6:           1 111 067 452              80.28       97.33         2.67             0.07
Non-binding advisory
vote endorsing the
Imbalie Beauty
Remuneration
implementation
Special resolution 1:            1 111 704 452              80.32       97.33         2.67             0.01
Remuneration of non-
executive directors
Special resolution 2:            1 111 781 952              80.33       97.33         2.67             0.01
General authority to
acquire the Company’s
own shares
Ordinary resolution 7:           1 110 656 673              80.25       97.23         2.77             0.01
General authority to
directors to allot and
issue shares for cash
Special resolution 3:            1 142 124 994              82.52       99.90         0.10             0.01
General authority to
provide financial
assistance in terms of
Section 44 and 45 of the
Companies Act
Ordinary resolution 8:           1 111 071 452              80.28       97.33         2.67             0.07
Directors’ authority to
implement special and
ordinary resolutions

      *Based on 1 384 039 225 shares in issue at the date of the AGM.
      **In relation to the total number of shares voted at the AGM which was 1 142 314 773 shares.

      Based on the above results, all resolutions were passed by the requisite majority of Imbalie Beauty
      shareholders present in person or represented by proxy at the AGM.

      Woodmead
      19 September 2019

      Designated Adviser
      Exchange Sponsors

Date: 19/09/2019 05:21:00
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